All provisions · AML/CFT Regulations 2020 · Part V: Appointment of compliance officer and alternative compliance officer
r.9 Time frame for approval of applications
Time taken by the supervisory authorities to approve the application for appointment of compliance officer and alternative compliance officer shall not exceed 60 days and the time taken for processing the application shall be excluded from the period provided under section 34(1) of the Act.
Official source: Anti-Money Laundering and Countering the Financing of Terrorism Regulations, 2020 (S.I. 108 of 2020), Revised Edition as at 17 January 2025 (S.I.s 108 of 2020, 139 of 2020, 156 of 2020, 6 of 2022, 67 of 2024)
